From the beginning of 2020 to April 21, 2025, the price of an ounce of silver rose from $17.895 on January 1, 2020, to $32.68 on April 21, 2025, an increase of approximately 83.7% over five years. This increase is due to increased industrial demand in the electronics and renewable energy sectors, in addition to silver's role as a means of preserving savings against the erosion of currency purchasing power. Conversely, the price of an ounce of gold jumped from $1,520.55 on January 1, 2020, to $3,391.62 on April 21, 2025, an increase of approximately 123%. This cost differential makes silver an affordable option for storing a portion of savings, while remaining equally important to gold due to its multiple industrial uses and continued demand.
1. Silver bullion price growth rate from 2020 to 2025
- Price at the beginning of 2020
On January 1, 2020, an ounce of silver was priced at $17.895 on the global market.
- Price on April 21, 2025
The price of an ounce of silver reached $32.68 on April 21, 2025, according to data .
- Calculate the aspect ratio
Calculations show that it increased from $17,895 to $32.87, an approximate 83.7% increase over a five-year period.
2. Benefits of saving through silver bullion
- A safe haven against inflation
When inflation rates rise, the purchasing power of paper money decreases, while silver maintains its value or increases due to industrial demand and calls for it as a means of storing savings.
- Various industrial uses
Silver is used in the manufacture of solar panels, microelectronics, and water purification processes, ensuring a steady demand that supports the price in the medium and long term.
- High liquidity and low entry cost
Silver bars in various weights and carats (from 5 grams to 1 kilo ) provide buyers with the flexibility to purchase what suits their small or large budgets, with the ability to easily sell them in local and global markets without high storage costs.
Protecting savings from market fluctuations
Data indicates that silver has held up relatively well during periods of crisis, such as the 2020 decline and subsequent strong rally, making it a suitable option for individuals looking to keep a portion of their savings away from the volatility of stocks and cash.
3. Comparing silver bullion prices versus gold
Absolute prices
- Silver: From $17.895 per ounce in January 2020 to $32.87 in April 2025.
- Gold: from $1,520.55 per ounce in January 2020 to $3,391.62 in April 2025.
- Ability to save
For the cost of one ounce of gold today, you can buy more than 100 ounces of silver, enabling those with limited budgets to allocate small amounts to savings in gradual tranches without straining liquidity.
- Relative importance
Although gold has seen a 123% higher rise than silver (83.7%), silver remains equally valuable due to its increasing industrial use and continued demand, confirming that it is just as important as gold in preserving value.
4. Practical Tips for Saving Your Silver
- Selection of high purity carats
- Buy 999 bars for the highest purity and lowest amount of impurities in the alloy.
- Quality Seal Verification
- Make sure the alloy has an official seal guaranteeing its purity and certified source before purchasing.
- Proper storage
- Keep bullion in tightly closed plastic containers and in dry places.
- Dealing with reliable sources
- Choose sellers with a good reputation and clear purchasing policies, such as Ruby Store in Saudi Arabia, and make sure they have testimonials and reviews from previous customers.
5. Conclusion
Over five years (2020–2025), silver bullion has seen a remarkable 83.7% increase, highlighting the effectiveness of its savings, thanks to its low entry cost and diverse industrial uses. Compared to gold, silver represents an affordable and important option for preserving a portion of wealth, protected from currency and financial market fluctuations. Following the practical tips above, you can maximize the benefits of your silver savings and ensure its value is maintained in the medium and long term.